EXPANDED SURE AID AND RECOVERY PROJECT
SURE COVID-19

Offers working capital loans to agri-fishery Micro and Small Enterprises
(MSEs) and emergency and production requirements assistance to Marginalized Small Farmers and Fishers (MSFF) continue to operations amid the enhanced community quarantine. The financing program was designed in support of the Department of Agriculture’s (DA) “Ahon La hat, Pagkaing Sapat (ALPAS) Kontra COVID-19” or Plant, Plant, Plant Program, which aims to increase farm productivity and ensure food sufficiency during the COVID-19 emergency situation.

SIGN UP HERE

FOR AGRI-FISHERY-BASED MICRO AND SMALL ENTERPRISES (MSEs)

Loan purpose

Offers working capital loans to agri-fishery Micro and Small Enterprises (MSEs) to continue operations and ensure the availability of food supply amid the community quarantine.

Who can avail

Agri-fishery based micro and small enterprises (MSEs)

May be a single proprietorship, partnership, corporation or cooperative/association

Loan details

Up to Php 10 million for working capital

Five (5) years to pay

Zero-interest
lending conduit may charge service fees

Requirements

a. Letter of Intent with project description;

b. Registration documents;

c. Financial Statement

d. Endorsement from DA

Must be:

a. Duly registered with CDA/SEC/DOLE and other government registering institutions;
b. Operational for at least one year;
c. With proven management capacity to implement project;
d. With readily available agri-fishery produce/ products/ commodities from farmers/fisherfolk

FOR SMALL FARMERS AND FISHERFOLK (SFF)

Loan purpose

Offers emergency and production requirements to Marginalized Small Farmers and Fishers (MSFF) whose incomes were affected by the community quarantine.

Who can avail

Small Farmers and Fisherfolk (SFF) affected by the community quarantine due to COVID-19

Registered/ enrolled in the Registry System for Basic Sectors in Agriculture (RSBSA).

Those not yet included in the RSBSA may register through their Municipal Agriculture Office (MAO).

Included in the validated list as certified and endorsed by the MAO.

Loan details

Php 25,000 per household

Payable up to ten (10) years

Zero-interest, no collateral
lending conduit may charge a service of up to 3% per transaction

Requirements

a. One (1) government-issued ID with picture

b. One (1) 1x1 photo

c. Loan Application Form and Promissory Note
*Only those in the MAO and DA-RFO certified list of eligible borrowers will need to comply with the documentary requirements